Author Archives: Paul Ausick

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Will GoDaddy Put Some Excitement Back in the IPO Market?

Next week’s initial public offering (IPO) for Internet registrar GoDaddy could put a market value of as much as $3 billion on the company. The company plans to offer 22 ...
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Why a BlackBerry Profit Should Surprise Even Its Rivals

BlackBerry Ltd. (NASDAQ: BBRY) reported fourth-quarter and fiscal 2015 earnings before markets opened Friday. For the quarter, the smartphone maker reported adjusted diluted earnings per share (EPS) of $0.04 on ...
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ConAgra Pleases With Earnings and Guidance, Even After Huge Charge

ConAgra Foods Inc. (NYSE: CAG) reported third-quarter fiscal 2015 results before markets opened Thursday. The food processor and packager reported quarterly adjusted diluted earnings per share (EPS) of $0.59 on ...
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Can Netflix Save T-Mobile?

Desperate times call for desperate measures. That may be an old saw, but it appears to remain relevant as T-Mobile US Inc.’s (NYSE: TMUS) CEO said on Wednesday that the ...
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Lululemon Earnings Signal Easy Part of Turnaround Has Been Seen

Lululemon Athletica Inc. (NASDAQ: LULU) reported fourth-quarter and full-year 2014 results before markets opened Thursday. For the quarter, the yoga gear maker reported diluted earnings per share (EPS) of $0.78 ...
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Why the Buffett Role in Kraft Heinz Matters So Much

Perhaps it was one of those marriages that was inevitable. The couple that bickers with each other for most of the movie only to live together happily ever after by ...
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Solar Farm Desert

California First to Generate 5% of Electricity From Utility-Scale Solar

California added nearly 1,900 megawatts of solar power generation in 2014 and became the first state to reach a total of more than 5% of its generation from utility-scale solar ...
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House for Sale

Mortgage Loan Rates Continue to Decline

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 9.5% in the group’s seasonally adjusted composite index for the week ending ...
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Ocwen Dumps Servicing Rights on $25 Billion in Mortgages

Just a month ago, mortgage servicer Ocwen Financial Corp. (NYSE: OCN) sold servicing rights to a portfolio of some 81,000 performing loans owned by Fannie Mae and Freddie Mac, valued ...
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Americans Drive 3 Trillion Miles

For the first time since 2009, U.S. drivers topped 3 trillion miles driven in 2014. It is the second-highest total on record -- 3.015 trillion miles -- according to the ...
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Credit Suisse Shows Top Defense Stock Picks

Defense contractors met with U.S. Department of Defense officials and members of Congress last week at a conference sponsored by Credit Suisse. On Monday morning, the bank’s analysts released a ...
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World Water Shortage Is the Worst in 15 Years

Global demand for fresh water will outpace supply by 40% in 2030 as the world’s population increases and consumption patterns change. Increasing urbanization, the demand for more food (and water ...
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Number of Underwater Homes in Atlanta and Las Vegas Still Huge

U.S. home prices rose about 6% in 2014, helping to lift more homeowners out of a negative equity position on their mortgages. The bad news is that negative equity -- ...
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Facebook Market Cap Tops Verizon and Coke

Even after paying $19 billion to acquire social messaging company WhatsApp early last year and $2 billion for virtual reality firm Oculus VR, Facebook Inc. (NASDAQ: FB) has just $119 ...
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Boeing 767-2c tanker

Several-Month Delay in First Flight of New Boeing Tanker

The Secretary of the Air Force said Friday that the first flight of Boeing Co.’s (NYSE: BA) new tanker, the KC-46A, is likely to be delayed by several months. The ...
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